Ask question

Ask question

All categories

3 years ago

14

Lori gets an offer from another bank that is also paying 6% on CD's, but is compounding interest daily. How much will the $1500

CD be worth in: 5 years?

1 answer:

-Dominant- [34]3 years ago

3 0

In 5 years it will be worth 7,500.

You might be interested in

Solve for e.<br><br> 4/3=-6e-5/3

cricket20 [7]

Answer:

e = 1/2

Step-by-step explanation:

to solve foe e in this 4/3=-6e-5/3

solution

4/3=-6e-5/3

4/3 + 5/3 = 6e

find the lcm of the left hand side

4 + 5/3 = 6e

9/3 = 6e

cross multiply

3 x 6e = 9 x 1

18e = 9

divide both sides by the coefficient of e which is 18

18e /18 = 9/18

e = 1/2

therefore the value of e in the expression above is evaluated to be equals to 1/2

5 0

3 years ago

John is working part-time in an office. He works 30 hours per week and earns $600 each week. He currently has $2,700 in a saving

Dmitry [639]

The answer is 8 weeks.

7 0

3 years ago

Use the diagram below to solve for x and y. Please help! Fast if possible.

Mila [183]

Answer:

x = 27

y = 29

Step-by-step explanation:

8 0

3 years ago

Same this for me but 6,912 and 288 please help

Svetllana [295]

Answer:

what is the question

Step-by-step explanation:

Questions for answers

4 0

3 years ago

Members of a basketball team suspect the coin used for the coin toss at the beginning of their games is unfair. They believe it

Nadusha1986 [10]

Answer:

The trial provides enough evidence that the probability of obtaining heads is less than 0.50 and that the coin is unfair.

Step-by-step explanation:

The explanation is in the picture

5 0

3 years ago